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[–] 2 points 1 year ago (7 children)

They don't usually accept other nation's currencies in general.

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  • [–] 1 point 1 year ago (6 children)

    No, but for every real currency it's accepted (and required) to pay taxes somewhere.

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  • [–] 0 points 1 year ago (5 children)

    "Real currency" also gets created or destroyed by a government at whims. Anybody clutching their USD rn isn't going to benefit in the long run.

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  • [–] 1 point 1 year ago (4 children)
  • [–] 0 points 1 year ago (3 children)

    So the realness by your definition has no merit.

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  • [–] 2 points 1 year ago (2 children)

    Real currencies are far more stable and are unlikely to suddenly disappear. It can occasionally happen, but it's rare. Cryptocurrencies are a ponzi scheme.

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  • [–] 0 points 1 year ago* (1 child)

    Consumer price indexes and exchange rates are constantly fluctuating, although admittedly BTC temporarily lost half its value a few times while it climbed from $0.09 to $106,154.15 in 15 years.

    The price goes up alongside adoption rates, at this point it takes a massive amount of funds to manipulate, like tens of billions.

    The vast majority of scammers ask you to wire transfer funds out of the USA or purchase gift cards.

    I agree with you that smaller coins are all pointless and terrible investment but I do see possitive potential for Crypto in the future as a means of people resisting central agencies.

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